Everything Everywhere Daily - Compound Interest

One of the most powerful forces in economics and finance is compound interest. 

Not everyone understands compound interest, even though they may reap its benefits or suffer its consequences. 

Compounding has the potential to build fortunes and wreck empires. The effects of compounding are also not limited to interest payments. It can apply to a great many things in and out of the natural world.

Learn more about compound interest, how it works and its awesome potential on this episode of Everything Everywhere Daily.


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Associate Producers: Ben Long & Cameron Kieffer

 

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More or Less: Behind the Stats - Nobel prize: Why are some countries so much richer than others?

The question of why some countries are rich and some poor has been described as the most important question in economics.

Perhaps that is why the Royal Swedish Academy of Sciences awarded the Nobel Memorial Prize in Economics to Daron Acemoglu, Simon Johnson and James Robinson for their work on the importance of institutions in the economic fortunes of nation states.

Tim Harford explains the economic theory that underpins their award.

Presenter: Charlotte McDonald Reporter: Tim Harford Producer: Bethan Ashmead Latham Series producer: Tom Colls Production co-ordinator: Katie Morrison Sound mix: Giles Aspen Editor: Richard Vadon

The Indicator from Planet Money - Reversing shrinkflation (via potato chips) and other indicators

It's ... Indicators of the Week! It's that time of week where we look at the most intriguing indicators from this last week of economic and business news.

On today's episode: NHPR's Nate Hegyi, host of the podcast Outside/In, joins us to talk natural disaster loans, election prediction markets and ... potato chips?

Related Episodes:
What's with all the tiny soda cans? And other grocery store mysteries, solved.
A market to bet on the future

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

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NPR's Book of the Day - ‘The Indian Card’ explores the question of Native identity in the United States

Carrie Lowry Schuettpelz is a self-proclaimed data nerd. So, when she started work on a project on Native identity, she turned to the Census data. Quickly, she noticed that the number of people in the United States who identify as Native had skyrocketed over the last decade. That data made her curious about how communities–and the federal government–have historically defined Native identity. The result of that project is a new nonfiction book, The Indian Card, which combines research and interviews to tell stories about the relationship between identity and bureaucracy. In today's episode, Lowry Schuettpelz joins NPR's Scott Detrow to talk about the historical and personal impact of federal policies like the Indian Relocation Act, blood quantum and tribal enrollment.

To listen to Book of the Day sponsor-free and support NPR's book coverage, sign up for Book of the Day+ at plus.npr.org/bookoftheday

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First Things Podcast - The Life and Letters of a Fiery Jesuit

In this episode, First Things senior editor Dan Hitchens joins Rusty Reno at The Editor’s Desk to talk about his book review, “Charity And Sarcasm” from the November 2024 print edition of the magazine. Please subscribe to the magazine at www.firstthings.com/subscribe in order to access this and many other great pieces!

The Commentary Magazine Podcast - The Significance of the Sinwar Killing

Eli Lake joins the podcast as we debate just how meaningful the killing of Yahya Sinwar by IDF troops is—is it a major turning point, a climactic event, one of the most important days of the 21st century, or something else? And what about the Biden administration's response to it? Give a listen.

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Everything Everywhere Daily - The History of Breakfast

Every day, billions of people around the world wake up and have breakfast. 

Breakfast is very different than the other meals you eat in a day. The types of food that people consume for breakfast are usually much more narrow than what they might be for lunch or dinner. 

Moreover, the way we eat breakfast and what we eat is very different to the types of meals people ate in the past. 

Learn more about the history of breakfast on this episode of Everything Everywhere Daily.


Sponsors

  • Plan your next trip to Spain at Spain.info!
  • Sign up at butcherbox.com/daily and use code daily to get chicken breast, salmon or ground beef FREE in every order for a year plus $20 off your first order!


Subscribe to the podcast! 

https://link.chtbl.com/EverythingEverywhere?sid=ShowNotes

--------------------------------

Executive Producer: Charles Daniel

Associate Producers: Ben Long & Cameron Kieffer

 

Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere


Update your podcast app at newpodcastapps.com


Discord Server: https://discord.gg/UkRUJFh

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Website: https://everything-everywhere.com/

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Pod Save America - Trump Calls January 6th a “Day of Love”

Donald Trump gives a stunning answer to a Republican voter upset about Trump's behavior on January 6: "That was a day of love." Kamala Harris braves Fox News for a combative interview with Bret Baier, and JD Vance finally gives an answer on whether Trump lost the 2020 election. Then, Ben Wikler, chairman of the Wisconsin Democratic Party, stops by to talk about how things are looking in the Badger state, and what everyone can do to help.

 

For a closed-captioned version of this episode, click here. For a transcript of this episode, please email transcripts@crooked.com and include the name of the podcast.